Industry News

Why you should attend Dubai Expo 2020?

Millions of people have year-marked October 20, 2020 in
their calendars as their wait to share ideas, technologies, creations and
promote alliances on global front, is to end at Dubai Expo 2020.

Key Takeaways:

• Uber to test flying cars at Dubai Expo 2020.

• Events such as Youth Connect and Expo Live would escalate the sharing of creative solutions among attendees and participants at Dubai Expo 2020.

• Dubai Expo 2020 would open business & trade opportunities between nations such as New Zealand.

Features of Dubai Expo 2020:

• Main theme of the Dubai Expo 2020 is "Connecting Minds, Creating the Future."

• Al Wasl Plaza will remain the center of Dubai Expo 2020, wherein events such as the opening and closing services will be held.

• The Expo is expecting more than 200 participants from over 180 countries, each of whom would be provided a pavilion, while the three major themes, which are sustainability, mobility and opportunity would capture individual pavilions at Dubai Expo 2020.

How did Dubai become the World’s first Expo site in the
Middle East, Africa or South Asia?

Dubai
is strategically located at the cross-roads between east and west, connecting
2/3rd of global populace with an 8-hour flight and other 1/3rd
by a 4-hour flight. Also, the nation is housing over 200 varied nationalities
and showcase exemplary infrastructure & sophisticated technologies on its
ground. The country has long remained a preferred meeting destination for
global influential leaders and business magnates as it homes almost 50% of
Fortune 500 companies. Moreover, Dubai’s strong economic growth, business
friendly environment, stability, cultural diversity and increasing focus
towards sustainability led the nation to grab 116/164 votes in the league of
nations contesting for Expo 2020.

And, what will be the major benefits to Attendees of
Dubai Expo 2020?

The
nation is planning to host umpteen events including concerts, seminars,
summits, new product launches and meetings with foreign nationals sharing
common interests at Dubai Expo 2020. For instance, the ridesharing giant, Uber
has signed an agreement with the Dubai Roads and Transport Authority to test
flying cars at Expo 2020, which is going to be a major show stealer and an
ethereal experience for visitors at Dubai Expo 2020.

In
addition to the exciting knowledge sharing opportunities, the Dubai Expo 2020
is also a ticket to witness breathtaking architecture, exquisite designs and
engineered structures. The closing ceremony of Dubai Expo 2020 would leave the
visitors with a once in a lifetime experience, driven by inspiration, knowledge
and entertainment.

Furthermore,
the events organized by the country would open doors of trading & business
opportunities for the attending and participating countries. For instance, the
nation has set aside USD53.3 Million to design and build New Zealand Pavilion that
will not only benefit the export market of agricultural commodities such as
Kiwi but would also provoke NZ to expand trade pathways in high-growth sectors such
as IT, health, infrastructure and education.

How will the Expo benefit Dubai?

The private
sector investments on Dubai Expo 2020 is projected to bolster the country’s
economy over the coming years. The grand event is going to impact the overall
impression about UAE, enhancing commercialization, strengthening foreign
investment frameworks and expanding the travel & tourism and hospitality
industry of the region, providing employment to thousands between 2018 and
2021.

Will this Expo affect the UAE Facility Management Market?

The
future for the UAE facility management market looks bright as under the 2017
budget, the nation’s government announced 27% raise in annual infrastructure expenditure
ahead of Dubai Expo 2020. Dubai will award 145 construction contracts, worth
USD101 Billion through 2017, which upon execution will pave the way for further
growth of facility management services in the country. According to TechSci
Research Report on “UAE Facility Management Market,
By Service, By Application, Competition Forecast & Opportunities, 2011 –
2021”, the facility management market in the UAE is anticipated to grow at a
CAGR of over 9% during 2016 – 2021.

Increasing
construction activities in the nation would positively influence the GCC
construction chemicals industry through 2021 and beyond. Following few
construction activities are anticipated to fuel the demand for construction
chemicals in the region:

• Construction tender for 30,000 car parking spaces

• Plans of Siemens to construct its global logistics base on the Expo site from 2021

According to “GCC Construction Chemicals Market, By Type, By End User, Competition Forecast and Opportunities, 2011 – 2021 – Saudi Arabia, UAE, Qatar, Kuwait, Oman & Bahrain”, the construction chemicals market in the GCC countries is projected to grow at a CAGR of over 7% during 2016 - 2021

Last but not the least, how to reach Dubai Expo 2020?

The Dubai
World Expo 2020 is going to be held in Dubai South which is located nearby the Al
Maktoum International Airport. The visitors may also opt for the Dubai Metro
Route 2020 which has the capacity to carry 46,000 passengers every hour to and
from the Expo site in less than 16 minutes from Dubai Marina.

Conclusion: People from distinct backgrounds and
perspectives should attend the iconic 6-month long mega event to gain a
life-long knowledge sharing experience as well as utilize the lucrative
business & trade opportunities by interacting with foreign nationals on a
global platform.

Please follow our LinkedIn and Twitter pages to get live updates on market research insights and analysis.